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Thanksgiving Turkeys Will Be More Expensive This Year
On november 21st President Joe Biden performed one of the more peculiar presidential duties. Upon his return from the COP27 climate summit in Egypt, Mr Biden pardoned the two Thanksgiving turkeys in an annual ceremony that has been a tradition since Ronald Reagan’s days in office. The spared specimens are sent to farms or universities, where they are left in peace for the rest of their natural lives.
Such clemency looks generous in a time of sky-high inflation. Food prices have risen sharply...
With Food Prices Rising, Consumers Pull Back on Other Retail Spending, Reports NPD
Pre-holiday declines in general merchandise sales emerge as grocery spending continues to rise
U.S. general merchandise retail sales revenue declined during the three weeks ending November 5, 2022. Year-over-year sales revenue in October fell 5% below a year ago, followed by a 14% decline in the first week of November. Several factors contributed to declining sales, with the rising cost of living at the forefront, according to The NPD Group, which recently merged with Information Resources, Inc. (IRI) to create a leading global technology...
Kroger Promises a Thanksgiving Fresh for Everyone
The Kroger Co., America's grocer, today shared its efforts to cushion customers from the impacts of inflation as they prepare holiday meals, including a zero-compromise shopping guide with meal options that can feed 10 people for as little as $5 per person. The grocer, who estimates the cost of turkey has risen 20 cents per pound this year, will not shift the rising cost to customers.
"At Kroger, we are committed to making the holiday season memorable and accessible for everyone," said Stuart Aitken, Kroger Senior Vice President and Chief Merchant...
Blast From the Past: ALDI Rewinds Pricing on Thanksgiving Favorites
ALDI is pleased to introduce the Thanksgiving Price Rewind offering affordable prices on holiday essentials. Starting November 2, holiday favorites ranging from appetizers, desserts, sides and beverages, will match 2019 prices for discounts of up to 30%.
Think favorites like brie cheese, prosciutto, cornbread stuffing, award-winning wines, mini quiches, fresh brown-and-serve rolls, macarons and apple pie, to name a few. Shoppers can look for the Thanksgiving Price Rewind icon in their local ad and throughout the store for extra savings.
ALDI has everything you need this Thanksgiving...
America’s Eating Patterns Adjusted to a Pandemic and Are Now Adapting to Higher Food Costs
Six macro trends currently shaping food and beverage consumption behaviors
Historically, there has been a rhythm to eating patterns in America; somewhat predictable habits formed by daily routines and needs. The early stages of the pandemic disrupted this rhythm, and just as eating patterns were returning to pre-pandemic normalcy, food inflation set them on end again, reports The NPD Group* in its recently released 2022 edition of Eating Patterns in America.
“The rate of change in U.S. consumers’ eating behaviors continues at a dizzying..."
Holiday Plans: Desire for Food Gifting, Bigger Gatherings & Robust Food Spending Despite Inflation
New Results from Omaha Steaks' Annual Harris Poll of 2,000 Americans Reveals Insights on Holiday Attitudes and Behaviors
Americans are craving experiences and togetherness this holiday season, while also planning to spend more on holiday feasts and gather in larger groups than recent years. These are a few of the findings from the third annual Harris Poll, commissioned by Omaha Steaks gauging Americans on a wide variety of holiday-related food, entertaining and gifting plans. While 7 in 10 Americans (71%) are looking forward to time around...
Analysis: UK Beef Prices Hold Firm Amid Tight Cattle Market
Urner Barry's Fall 2023 Reporter Issue Released; Read It Online For Free Now
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